Why Does Anything Matter?

  • Venture Capital Overview
  • Problem
  • Questions
    • What can we learn about the venture market?
    • How much do companies raise at a time?
    • Is there sampling bias?
  • Prior Knowledge
    • Startups raise money approximately every 18-24 months
    • Successful companies usually IPO after series C before series G
    • Late stage companies have successfully raised public money through institutional investors

Exploring the Data

Exploring by Category

Compare Categories

Let's Make Fun of Startups

“We are building the world's first artificial intelligence that understands the meaning of content.”


  • Post-Quantum - UK
  • PeopleDoc - US
  • Illusive Networks - IS
  • Teambition - CH
  • Speex - GE

Reverse Anna Karenina Problem

See minutes:19, seconds: 31 for an explanation of this effect.

Dynamic Acyclic Graph

Missing Not at Random

Missing Data Frame

Imputation Checking

Rounds Histogram

Rounds Continued

Specific Case

Exploring Completed Data by Category

Conclusions

  • Category
    • Enterprise Infrastructure and Risk & Security are the best funded
    • Financial technology has a shorter durating
  • Imputation
    • Not perfect
    • Winners become apparent
    • High variance, bifurcation at late stage
  • Stripe
    • IPO timer is ticking
    • Likely to go public in the next 18-36 months
    • Series A & C order of magnitude greater than previous round